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A quarter of Spotify users now use podcasts there too
Freguesia de Estrela

A quarter of Spotify users now use podcasts there too

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  • 25% of the 345m monthly active Spotify users now use the app to listen to podcasts, up from 22% the previous quarter. Speaking on the company’s Q4 2020 earnings call, Daniel Ek said he’s “reasonably confident” that he can see benefits in user growth and retention from podcasts.

    • Ek hinted that Spotify may be able to allow podcasters to monetise their shows on the platform through a set of new business models. “I hope to be able to talk a little bit more about what our plans are in the near future on that.”
    • Spotify says it has 2.2m podcasts in the system (Apple has 1.8m).
    • The company also denied that the increase in podcast use would result in a lower payout to record companies.
    • Podcasts were mentioned 47 times in the earnings call.
  • In Denmark, 27% of adults (15+) listen to podcasts every week. That is 3 percentage points up from last year, according to new data from DR. Spotify is the market leader in the country. There’s a full interview with the researchers in the Podland News podcast later today.

  • Acast’s programmatic ad sales revenue grew 215% in 2020, the company has announced.

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